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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Credit Rating Agencies Must Pay Registration Fee of 26,66,700 and Recurring Fee Every Three Years Under SEBI Regulations</h1> The Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, outlines the fee structure for credit rating agencies. An application fee of 50,000 is required for registration. A registration fee of 26,66,700 must be paid within fifteen days of receiving the registration certificate. A recurring registration fee of 15,00,000 is due every three years, starting from the sixth year of registration. Fees are to be paid via direct credit using the SEBI payment gateway. The recurring fee is payable one month before the current fee period expires.